Tax reform?

January 26, 2011

Obama: "In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed interest in doing this, and I am prepared to join them."

I agree, but how will you do so? Eliminate "breaks" as you call them? Lower rates? Move to a more consumption-based tax code like Georgia is proposing to do?

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More than 1,100 professional economists have joined with the National Taxpayers Union to urge President Trump and Congress to reconsider their trade policies. Click here to view the letter, which includes former White House economic advisors from both parties, as well as 15 Nobel Prize winners.

The tax reform package passed by the House and Senate will provide relief to millions of individuals, families, and businesses. Let's take a moment to thank Congress for delivering strong tax reform before the end of the year.